Statute of Limitation

I was able to find the actual Pennsylvania law(s) concerning STATUTE OF LIMITATION. With the help of numerous web sties I was directed to the on line source for the Unofficial Purdon's Pennsylvania Statutes from West.

This site provides free access to both the consolidated and unconsolidated Purdon’s Pennsylvania Statutes and Constitution, as compiled and maintained by the editorial staff of Thomson/West, and made available here in an unannotated version under agreement with the Pennsylvania Legislative Reference Bureau.

And here it is (underlining is mine, I also left out paragraphs for clarity sake as it written in legalese)

42 Pa. Cons. Stat. Ann. 5501 et seq. TITLE 42 Pa.C.S.A. JUDICIARY AND JUDICIAL PROCEDURE CHAPTER 55. LIMITATION OF TIME SUBCHAPTER A. GENERAL PROVISIONS

§ 5501. Scope of chapter

(a) General rule.--An action, proceeding or appeal must be commenced within the time specified in or pursuant to this chapter unless, in the case of a civil action or proceeding, a different time is provided by this title or another statute or a shorter time which is not manifestly unreasonable is prescribed by written agreement.

§ 5502. Method of computing periods of limitation generally

(a) General rule.--The time within which a matter must be commenced under this chapter shall be computed, except as otherwise provided by subsection (b) or by any other provision of this chapter, from the time the cause of action accrued, the criminal offense was committed or the right of appeal arose.

SUBCHAPTER B. CIVIL ACTIONS AND PROCEEDINGS

§ 5525. Four year limitation

(a) General rule. Except as provided for in subsection (b), the following actions and proceedings must be commenced within four years:
(7) An action upon a negotiable or nonnegotiable bond, note or other similar instrument in writing. Where such an instrument is payable upon demand, the time within which an action on it must be commenced shall be computed from the later of either demand or any payment of principal of or interest on the instrument.

So what does all this mean for me:

A SOL begins to run when a cause of action accrues; begins when I have done/did something contrary to the terms of my agreement--that somethings is failure to pay my bill. By not paying bill on time I have violated the terms and given creditor(s) a cause of action.

So now I wait to see what the collection agent has to say in response to my validation request. I also need to dig some more in regards to the credit reporting time limit as well as removal of items from my report.